Bitcoin - Time to buy again!

1 Okt

I still stand by my opinion and haven’t changed my mind that Bitcoin should reach $73,000. Now let’s analyze this technically. Recently, Bitcoin managed to break this triangle strongly and rose to above $66,500. However, we are now facing a short-term correction that could bring the price down to around $62,000. The price could drop to the indicated support area and then powerfully bounce back up, breaking the head and shoulders pattern, and finally reach the megaphone top.

important patterns:
Butterfly Pattern, Megaphone Pattern, Head and Shoulders .


I can’t believe how quickly time has passed. Let’s take a look at my analysis from 2020 (good old days)

and

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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!